Audit Data Analytics (ADAs) Quiz

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IlluminatingObsidian3647
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5 Questions

What is the purpose of performing Audit Data Analytics (ADAs)?

To discover and analyze patterns, anomalies, and other information for the purpose of planning and performing an audit

What is the first step in the 5-Step Process to Performing Audit Data Analytics (ADAs)?

Plan the ADA

What do auditors consider when planning the ADA?

Determine the financial statement items or accounts, or disclosures, and related assertions

What is the fourth step in the 5-Step Process to Performing Audit Data Analytics (ADAs)?

Perform the ADA

What does the science and art of using analysis, modeling, and visualization aim to do?

Discover and analyze patterns, anomalies, and other information for the purpose of planning and performing an audit

Test your knowledge of Audit Data Analytics (ADAs) with this quiz covering the 5-step process and the science of using analysis, modeling, and visualization to discover patterns and anomalies for audit purposes.

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